"Investors don't rush, think first before doing anything."
The famous author of Rich Dad Poor Dad, Robert Kiyosaki who managed to sell more than 32 million book prints in 51 languages in 109 countries repeated his warning to investors about the collapse of all markets including crypto.
Through Kiyosaki's statement in his Twitter account, Bitcoin (BTC), gold including silver will experience a drastic fall coupled with 144,000 individuals in the technology industry losing their jobs in 2022 and another 66,000 this year.
Even so, Kiyosaki said that investors need not panic, adding that he would take the opportunity to scoop up some digital assets if prices hit new lows.
It is also reported that he does not trust the Biden administration, the Treasury, the Federal Reserve (Fed) or Wall Street, saying that the US dollar is fake money while BTC, gold including silver is the real money.
In October last year, Kiyosaki advised investors to buy gold, silver and digital assets as he thought the stock, bond and real estate markets would fall due to the Fed's continued interest rate hikes.
He also predicted that the US dollar would fall while insisting to the public that a global recession was already happening as there was an increase in bankruptcies, unemployment and homelessness.
That streak, Kiyosaki in September last year not only urged investors to buy crypto before the market faced the biggest crash in world history but also warned that the US Securities and Exchange Commission (SEC) would do everything possible to destroy digital assets.
